Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
anybody who knows anything about AI chips knows groq's first gen chips aren't competitive but maybe their upcoming chips might have been able to threaten nvidia? @josephjacks_ : Overly simplistic take...
Amsterdam-based Nebius Group plans to raise $2B in convertible notes and $1B in equity to help it expand after signing an up to $17.4B+ deal with Microsoft
Nebius Group NV plans to raise $3 billion in convertible notes and equity to help it expand in the wake of a major deal …
Trump Media & Technology Group plans to sell ~$1.5B in stock and $1B in 0% convertible notes to buy bitcoin for its treasury, following Strategy's model
The company's shares fell 9.2% at $23.38 in early trading after rallying premarket following a Financial Times report on its plans …
Filing: Amazon restructured part of its $8B Anthropic investment from convertible notes into stock in Q1, creating a $3.3B pre-tax gain that boosted its profits
Amazon restructured part of its investment in AI startup Anthropic from convertible notes into stock in the first quarter …
US bitcoin miners, including Mara, Riot, and CleanSpark, used BTC's recent price surge to raise $3.7B+ via convertible notes since November 2024 to buy coins
Niamh Rowe / Financial Times :
Sources: OpenAI's $150B valuation in a $6.5B funding round hinges on whether the company can upend its corporate structure and remove a profit cap for investors
OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter …
Sources: OpenAI's $150B valuation in a $6.5B funding round hinges on whether the company can upend its corporate structure and remove a profit cap for investors
OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter …
Sources: Bengaluru-based quick commerce site Dunzo raised $75M in convertible notes from Google and others, lays off 30%, and plans to close 50% of dark stores
Digbijay Mishra / The Economic Times :
US-based crypto miner Core Scientific files for Chapter 11 bankruptcy in Texas, estimating its liabilities and assets at $1B-$10B and creditors at 1,000-5,000
The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.
Indian B2B marketplace Udaan raised $120M in convertible notes and debt, taking its funding to $350M+ in the past year, and plans an IPO in 12-18 months
Manish Singh / TechCrunch :